Bharat Express

NIFTY

The stock market opened in the green on Friday, December 27, driven primarily by banking stocks.

The domestic benchmark indices closed flat on Thursday, hit by selling in IT, FMCG, metal, media, and private banking sectors.

On Tuesday, the stock market ended flat, with selling across sectors like IT, financial services, pharma, and metals.

The market mood remained upbeat, with 1,302 stocks advancing on the National Stock Exchange (NSE). However, 877 stocks traded lower, showcasing a cautious undertone.

The Indian stock market opened flat on Friday as the hawkish stance from the US Federal Reserve started to fade. Buying was observed in the auto, media, and energy sectors, driving Nifty performance.

The Indian stock market opened flat on Wednesday as investors awaited the US Federal Reserve's interest rate decision.

The market sentiment remained positive, with 1,634 stocks advancing and 565 declining on the National Stock Exchange (NSE). Experts believe the Nifty is in a consolidation phase, with a mild upward bias in the short term.

On Friday, the Indian stock market closed flat following the RBI's Monetary Policy Committee (MPC) decisions on the repo and CRR rates.

Market sentiment remained upbeat, with 1,291 stocks on the National Stock Exchange (NSE) in the green and 993 in the red.

Market experts noted that despite headwinds, including a sharp slowdown in Q2 GDP growth and foreign institutional investor (FII) outflows, the market has shown resilience.